Cost of Living in Buffalo, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.4
100 = national avg
-12.6 vs national average
Living Wage (1 Adult)
$38,451
per year
Living Wage (Family of 4)
$90,884
per year
Cost Index by Category
Housing63.7
Food101.5
Transportation99.8
Healthcare101.2
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$970
per month
2 Bedroom
$1,203
per month
The overall cost of living index in Buffalo is 87.4, which is 12.6% below the national average. Housing costs are below the national average at an index of 63.7. A single adult needs to earn approximately $38,451 per year to cover basic expenses.